Oilseed Demand Outweighs Harvest Pressure

ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving

Hedge Funds Hit The Fields To Check Out Crops

Except for the spiffy Hunter rainboots that can cost more than $100 a pair, the fund manager was one with the crowd – farmers and industry folk in a muddy cornfield in the heart of U.S. grain country. Hedge fund officials are making their way to fields in the midwestern United States in record numbers


Canola Trade Bullish Despite Big Forecast

Canola futures on the ICE Futures Canada trading platform posted some modest advances during the week ended Aug. 26 despite the fact that a crop production survey from Statistics Canada estimated output of the crop at a record-size level. The government agency’s survey for the period ended July 31 said canola production in Canada during

Research Key To Choosing Right Futures Broker

In relation to time spent on production, farmers in Canada spend very little time actually marketing their crops and even less time seeking out brokerage firms that will guide them. But with the impending end of the Canadian Wheat Board monopoly on wheat and barley in 2012, more farmers may be looking for a broker


CWB Wind-Down Affects Delivery And Pricing Programs

Western Canadian farmers used to marketing some of their wheat and durum later in the crop year will have fewer options in 2011-12, as the uncertain future facing the Canadian Wheat Board has caused the marketing agency to refrain from offering some of its programs. “Given the uncertainty around the 2012- 13 crop year, and




Bearish Sentiments, Weather Drag On Canola

Canola futures on the ICE Futures Canada trading platform suffered a minor setback during the week ended Aug. 5 with the downtrend in the Chicago Board of Trade (CBOT) soybean complex and the liquidation of positions by speculators and commodity funds who were spooked by the uncertain global economic situation, behind the bearish price sentiment.